News: Finance

Sidel of EagleBridge Capital arranges $2.66 million financing

South Boston, MA EagleBridge Capital, working exclusively on behalf of its client, has arranged acquisition/permanent financing in the amount of $2.66 million for 471 West Broadway in South Boston.

The financing was arranged by EagleBridge principal Ted Sidel who stated that the aquisition/permanent mortgage was provided by a leading regional bank.

471 West Broadway is a four-story mixed-use building completely renovated in 2018. The street level is leased to T-Mobile. Each of the three upper floors contain a large three-bedroom apartment unit. The apartments offer contemporary finishes including hardwood floors. Kitchens feature Energy Star rated stainless steel appliances including a gas range/oven, built in microwave, refrigerator, modern cabinetry, and granite countertops. Each apartment also contains a washing machine and dryer.

The building is located at the intersection of West Broadway, East Broadway, and Dorchester St. in a vibrant area of stores, restaurants, banks, and apartment buildings. The Broadway bus stop is located in front of the building. The Broadway Red Line transit station is located a short distance away.

Tags: Finance
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